EconStor >
Forschungsinstitut zur Zukunft der Arbeit (IZA), Bonn >
IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA) >

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10419/33393
  
Title:A constitutional theory of the family PDF Logo
Authors:Cigno, Alessandro
Issue Date:2005
Series/Report no.:IZA Discussion Papers 1797
Abstract:The paper re-examines the idea that a family can be viewed as a community governed by a self-enforcing constitution, and extends existing results in two directions. First, it identifies circumstances in which a constitution is renegotiation-proof. Second, it introduces parental altruism. The behavioural and policy implications are illustrated by showing the effects of public pensions and credit rationing. These implications are not much affected by whether altruism is assumed or not, but contrast sharply with the predictions of more conventional models.
Subjects:families
self-enforcing constitutions
renegotiation-proofness
altruism
fertility
saving
transfers
attention
pensions
credit rationing
JEL:C72
D02
D13
D71
D74
D91
H55
J13
J14
Document Type:Working Paper
Appears in Collections:IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)

Files in This Item:
File Description SizeFormat
506570371.pdf258.49 kBAdobe PDF
No. of Downloads: Counter Stats
Download bibliographical data as: BibTeX
Share on:http://hdl.handle.net/10419/33393

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.